Arab Today, arab today watchdog to file complaint with prosecution against kb financial head
Last Updated : GMT 21:16:36
Arab Today, arab today
Arab Today, arab today

Watchdog to file complaint with prosecution against KB Financial head

Arab Today, arab today

Arab Today, arab today Watchdog to file complaint with prosecution against KB Financial head

Lim Young-rok
Seoul - Yonhap

South Korea's financial watchdog plans to lodge a complaint with the prosecution against the head of KB Financial Group Inc. next week, citing his management failures, officials said Saturday.
The Financial Services Commission (FSC) on Friday suspended Lim Young-rok, the chairman of KB Financial Group, for management lapse, saying that his failure to properly handle internal affairs over the group's selection of a new computer system constitutes an act of negligence.

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